The PRC government has allocated another grant to Azerbaijan
Government of the People's Republic of China Government of Azerbaijan has allocated grant aid of 30 million Chinese yuan ( $ 4 million 477.6 thsd). The agreement was signed on December 5 in Baku in the Cabinet.
Document providing for the supply of various municipal engineering, signed by the Vice Prime Minister Abid Sharifov Azerbaijan and China's Ambassador in Baku Hong Tsyuin . At a ceremony attended only local official media.
The official statement said that the Chinese government still has allocated 10 grants to Azerbaijan total value of 245 million yuan ($ 36 567.1 million). Only in the last year as part of this assistance was delivered from China more than 160 pieces of equipment for domestic purposes.
Negotiations on supplying 155 units of special equipment for use in construction work. There was also directed an appeal to the government of China to supply 50 municipal vehicles. In addition, the Azerbaijani government is holding discussions about the possibilities of ensuring LLC " Nakhchivan industrial combine cereal products " machinery, plant and equipment to strengthen the material - technical base of his seed farm.
We can only guess how and between whom will share the Azerbaijani government requested construction equipment and why private enterprise in the Nakhchivan Autonomous Republic is supported by aid from China , which is derived from the name of the Azerbaijani state.
Communal sector in Azerbaijan is one of the areas where the period of independence actually carried institutional reforms. The whole sector is under government control. Few companies collect waste bankrupt and were liquidated. - 08D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review